Tele Intensive Care Unit (ICU) Market Is Expected To Exhibit Significant Growth Over 2030

The global tele ICU market is anticipated to grow at a significant CAGR of 18.5% during the forecast period (2023-2030). The growing efforts of hospitals and clinics to establish a strong network of tele ICU service across the globe is a key factor driving the growth of the market. For instance, in August 2023, Medanta has entered into partnership with GE healthcare to launch Medanta e-ICU Command Center, which will offer 24*7 advanced consultation, care, and near-real-time monitoring of patients in the ICU. Through this, the company aims to provide full-time virtual support and remote monitoring services of critically ill-patients. The need for tele or remote ICU is steadily rising primarily owing to the shortage of qualified intensivist staff. Countries including India, has witnessed a considerable decline in the number of healthcare professionals who are available round the clock. Stock density of doctor and nurses/midwives are 8.8 and 17.7, respectively, per 10,000 persons as per World Health Organization (WHO) National Health Workforce Accounts (NHWA). The numbers further drop to 5.0 and 6.0, respectively, after accounting for the adequate qualifications.

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Further, in September 2023, Apollo Telehealth, an initiative of Apollo Hospitals Group, inaugurated its Tele Emergency and TeleICU services at nine plants operated across India by the National Thermal Power Corporation (NTPC). The services will be available at NTPC plants Ramagundam, Kaniha, Korba, Vindhyachal, Dadri, Barh, Solapur, North Karanpura, and Mauda. Apollo's Tele Emergency service ensures that in case of an emergency, the highly trained paramedics can connect NTPC employees with experienced Emergency Physicians from Apollo Hospitals in Chennai, Kolkata, or Delhi within just 5 minutes. In November 2022, the Karnataka government’s department of health and family welfare, in association with Bengaluru-based non-profit eGovernment Foundation and Google Cloud has launched cloud-based remote ICU services across 41 state-run hospitals.

Market Coverage

•           The market number available for – 2022-2030

•           Base year- 2022

•           Forecast period- 2023-2030

•           Segment Covered- 

o          By Management Type

o          By Component

•           Regions Covered-

o          North America

o          Europe

o          Asia-Pacific

o          Rest of the World

•           Competitive Landscape- including Inova, INTeLeICU, InTouch Technologies Inc., Koninklijke Philips NV, and Advanced ICU Care, among others.

Key questions addressed by the report

•           What is the market growth rate?

•           Which segment and region dominate the market in the base year?

•           Which segment and region will project the fastest growth in the market?

•           Who is the leader in the market?

•           How are players addressing challenges to sustain growth?

•           Where is the investment opportunity?

Global Tele Intensive Care Unit (ICU) Market Report Segment

By Type of Management

• Intensivist
• Open
• Co-managed
• Open with Consultants
• Others

By Component

• Hardware
• Software & Services

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Global Tele Intensive Care Unit (ICU) Market Report Segment by Region

North America          

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific   

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

• Apollo Hospitals (Apollo Telehealth Services)
• Ceiba Healthcare
• Clarity Medical Pvt. Ltd. 
• CLEW
• Cloudphysician Healthcare Pvt. Ltd 
• Cloudphysician Healthcare Pvt. Ltd. 
• GE Healthcare
• Hicuity Health
• iMDsoft
• Intercept Telemed
• Remote ICU
• SOC Telemed
• Teladoc Health Inc.

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